Logan Stone Capital LLC

Item 5 - Fees and Compensation
We or an affiliate serving as the general partner (or equivalent) of a Fund (“General Partner”) receives a management fee and/or
an incentive allocation in connection with the services we provide the Funds (collectively, “Private Fund Fees”). Our Investors are
“qualified purchasers,” as defined in the Investment Company Act of 1940 or “knowledgeable employees;” thus, more detailed
information regarding our Private Fund Fees are not required to be provided herein and are fully described in each Client’s
respective Governing Documents. We may waive or reduce all or any portion of the Private Fund Fees with respect to any Investor
or Fund.
Subject to the terms of the applicable Governing documents, in addition to the Private Fund Fees, each Fund bears certain direct
operating costs and expenses, including, without limitation: (i) costs and expenses incurred in connection with the acquisition or
disposition of investments (whether or not consummated), including, without limitation, fees, costs and expenses payable to
attorneys, accountants, consultants, custodians and other persons related to the discovery, investigation, development, making,
management and disposition of investments (whether or not consummated); (ii) costs and expenses incurred in connection with
the carrying out of investments; (iii) taxes and governmental charges; (iv) expenses (including legal fees and expenses) incurred in
order for the Fund or the General Partner to comply with any law or regulation related to the activities of the Fund or incurred in
connection with any litigation or governmental inquiry, investigation or proceeding involving the Fund, including the amount of any
judgments, settlements or fines paid in connection therewith, except, however, to the extent such expenses or amounts have been
determined to be excluded from the indemnification provided for in the applicable Governing Documents; (v) the Fund’s
indemnification obligations under the applicable Governing Documents; and (vi) extraordinary costs and expenses, if any.
The fees described in this section do not include expenses paid to broker-dealers for executing transactions in Client accounts or other
transaction costs. See Item 12 “Brokerage Practices” below for a description of the factors that we consider in selecting or
recommending broker-dealers for Client transactions and determining the reasonableness of their brokerage fees.
The management fee is generally deducted quarterly, in advance. We deduct Private Fund Fees, including the management fee,
directly from an Investor’s Capital Account(s), as determined by the terms of the applicable Governing Documents. Subject to the
terms of the applicable Governing Documents, an Investor who withdraws from a Fund during a calendar quarter will receive a pro-
rated, rebate of their pre-paid management fee.

Item 7 - Types of Clients
We provide investment advice to the Funds and to other types of Clients, which may include institutions, investment pools, trusts,
endowments, sovereign wealth funds, pension plans, or charitable organizations, but excluding persons within the definition of
“retail investors” under Rule 17a-14(e)(2) of the Securities Exchange Act of 1934. Investors in the Funds are generally subject to a
minimum investment amount of $250,000 but we may waive this minimum.